On April 6, Year 1, Home Furnishings purchased $40,000 of merchandise from Una Imports, terms 2/10 n/45. On April 8, Home returned $8,400 of the merchandise to Una Imports. Home paid cash for the merchandise on April 15, Year 1. Required: a. What is the amount that Home must pay Una Imports on April 15? b. Record the events in a horizontal financial statements model. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1? d. Record the payment in Requirement c in a horizontal financial statements model. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Record the events in a horizontal financial statements model. Note: In the Cash Flow column, use the initials "OA" for operating activities, "IA" for investment activity, "FA" for financing activity. Enter any decrea minus sign. Not all cells in the "Statement of Cash Flows" column may require an input - leave cells blank if there is no corresponding input needed.

On April 6, Year 1, Home Furnishings purchased $40,000 of merchandise from Una Imports, terms 2/10n/45. On April 8 , Home returned $8,400 of the merchandise to Una Imports. Home paid cash for the merchandise on April 15 , Year 1. Required: a. What is the amount that Home must pay Una Imports on April 15 ? b. Record the events in a horizontal financial statements model. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1 ? d. Record the payment in Requirement c in a horizontal financial statements model. Complete this question by entering your answers in the tabs below. Record the events in a horizontal financial statements model; Note: In the Cash Flow column, use the initials "OA" for operating activities, "IA" for investment activity, "FA" for financing activity, Enter any decr minus sign. Not all cells in the "Statement of Cash Flows" column may require an input - icave cells blank if there is no corresponding input neede. Required: a. What is the amount that Home must pay Una imports on April 15? b. Record the events in a horizontal financial statements model. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1 ? d. Record the payment in Requirement c in a horizontal financial statements model. Complete this question by entering your answers in the tabs below. Record the events in a horizontal financial statements model. Note: In the Cash Flow column, use the initials "OA" for operating activities, "IA" for investment activity, "FA" for financing activity. Enter any decre. minus sign. Not all celis in the "Statement of Cash Flows" column may require an input - leave cells blank if there is no corresponding input needed. Required: a. What is the amount that Home must pay Una Imports on April 15? b. Record the events in a horizontal financial statements model. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1 ? d. Record the payment in Requirement c in a horizontal financial statements model. Complete this question by entering your answers in the tabs below. Record the payment in Requirement c in a horizontal financial statements model. Note: In the Cash Flow column, use the initials "OA" for operating activities, "IA" for investment activity, "FA" for financing activity, Enter any with a minus sign. Not all cells in the "Statement of Cash Flows" column may require an input - leave cells blank if there is no corresponding